The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae <FNM.N> and Freddie Mac <FRE.N>, launching what could be its biggest federal bailout ever, in a bid to support the U.S. housing...
NEW YORK --Preferred stock of Fannie Mae (FNM) and Freddie Mac (FRE) are trading well below par, as investors worry their dividends may be deferred under any government plan to help the embattled mortgage giants....
NEW YORK --Preferred stock of Fannie Mae (FNM) and Freddie Mac (FRE) are trading well below par, as investors worry their dividends may be deferred under any government plan to help the embattled mortgage giants....
WASHINGTON, Sept 2 - Fears a government takeover would wipe out shareholders at U.S. mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N) battered the price of their stock last...
WASHINGTON, Aug 27 - Mortgage-finance company Fannie Mae <FNM.N> on Wednesday announced a management shake-up in an effort to come to grips with mounting credit losses and a shrinking capital base....
* Herb Allison would replace Neel Kashkari * Allison needs U.S. Senate confirmation * Fannie COO Mike Williams seen getting CEO job (Adds Williams expected to be named CEO, background, byline) WASHINGTON, April 17 -...
March 27 - The following is a list of banks and trade groups that have been invited to meet with U.S. President Barack Obama on Friday, according to a source familiar with preparations: Fannie Mae...
March 27 - The following is a list of banks and trade groups that have been invited to meet with U.S. President Barack Obama on Friday, according to a source familiar with preparations: Fannie Mae...
March 25 - The following is a list of banks and trade groups that have been invited to meet with U.S. President Barack Obama on Friday, according to a source familiar with preparations: Fannie Mae...
* U.S. govt to own up to 36 percent of Citi * Over $30 billion committed to central, east Europe banks * Japan factory output slips; India, Nordics slow * Fannie Mae draws on U.S....